This study was aimed at elucidating the role of the carboneous component in Co–carbon-containing catalysts for the hydrogenation of organic compounds. A Co-C/SiO₂ catalyst was synthesized via pyrolysis of a Co(II) complex with 1,2-diaminobenzene on silica and subsequently irradiated with 2.3 MeV electrons, producing Co-C/SiO₂*. A comprehensive characterization using XRD, TEM, IR, and Raman spectroscopy indicated minimal structural changes in the cobalt nanoparticles and carboneous materials. However, the Raman analysis revealed a slight decrease in the structural defect content in the carboneous component upon irradiation, which could occur due to defect healing. The catalytic tests, including the hydrogenation of 26 compounds, demonstrated an enhanced performance of the irradiated catalyst in 17 cases. This performance improvement was attributed to a modification of the carboneous material. It could be concluded that the carboneous components in Co-C composites contributed to their catalytic performance, probably by modifying the electronic structure of Co nanoparticles. In turn, the results provide arguments against the supposition that hydrogenation occurs on the structural defects of the carboneous material.